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CoreWeave contracts revenue outlook

Company: Core Scientific

Subject kind
guidance
Statement date
2024-08-06
Promised amount
6700000000.0 USD
Current status
stated

The claim, verbatim

The company projects total cumulative revenue of $6.7 billion from the CoreWeave HPC contracts, averaging $560 million a year, at an 80% profit margin.

Source (primary)

core-scientific 8-K exhibit (corescientificq22024earn.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “Total cumulative revenue of $6.7 billion Average annual revenue of $560 million”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms core-scientific 8-K exhibit (corescientificq22024earn.htm)

Quote: “Total cumulative revenue of $6.7 billion Average annual revenue of $560 million”

View cached copy (2026-10-31)Live source ↗